It’s October again. People are starting to panic because they want to apply second round (early January!) and they don’t yet have the score they want on the GMAT. Let’s talk about what to do.
What’s your goal?
First of all, you need to set a realistic goal for yourself. What is your current score? How far are you from your goal?
We’re only about 2.5 months from most 2nd-round deadlines. In that timeframe, it might be reasonable to make the jump from 550 to 650, from 600 to 670, or from 650 to 700. (The higher you go, the harder it is to go even higher.) Those ranges are just rough benchmarks; some people will be able to make larger jumps, while others unfortunately won’t hit even those rough benchmarks.
If you are currently at a 550 and want to get to 720, it’s likely that you’ll need more time (especially considering that you also have to complete applications in the same 2.5 month timeframe!). You may need to choose between lowering your goal score and delaying your application—to the third round or to next year.
You might also need to reduce the number of applications you’re planning to submit. It would be challenging to apply to 6 schools and commit to a full GMAT study schedule at the same time.
How have you been studying?
Have you already taken the real test? Perhaps you have been studying for months using a comprehensive set of materials but, though you have improved your score, you haven’t reached the level that you want. If this is the case, then you may need specialized help in the form of a class or tutor to help you break through the plateau that you have reached. (Note: this isn’t true in every case, of course, but when you have only a couple of months left and you have to do applications simultaneously, then you need a new approach to help you break the logjam quickly.)
Or maybe you have been studying a bit and know what you need to do, but you haven’t found the time to do a comprehensive review. If that’s the case, it’s time to commit 100%, get your study plan together, and start a daily study regimen.
Finally, perhaps you’ve been procrastinating altogether—life is busy and nobody really wants to study for the GMAT. If this describes you, my best advice is to get yourself into a class immediately. You likely don’t have the time to evaluate the various resources available, put together a full self-study plan, and then execute. At this stage, it’s better to dive into a complete program and get cracking.
The one exception to that is someone who has done very well on standardized tests in the past. If you self-studied for the SAT (or a similar test) and did a great job in a relatively short period of time, then self-study may be the way to go for the GMAT.
What do I need to do to lift my GMAT score?
Finally, we get down to the important question. J
First, the single most important mistake that people make on the GMAT is to treat it as an academic test, especially on the math section, where every question has a right answer (vs. a “best” answer on verbal). The GMAT is not an academic test! I know it feels like one, but it’s not.
If you want to hit your maximum potential, you have to wrap your head and heart around the mindset described in that article. You can’t just know it intellectually; you actually have to believe it, or you are likely to revert to the old “school test” mentality under the stress of the real test.
Next, you of course need to know the content—the facts, rules, and concepts tested on the exam—as well as how to handle the various question types. That’s all the 1st level of GMAT study; if you’ve been studying for a while, you likely have a decent handle on a lot of that material.
Beyond that, you need to learn how to think your way through GMAT-type questions, what we call the 2nd level of GMAT study. If you have hit a plateau in your scoring level, then it may be because you haven’t made the leap to the 2nd level.
I’m going to go back to the “set a realistic goal” idea for a moment. The higher you want to score on this test, the more you will need to master that 2nd level. If you haven’t really begun to study yet, and you want a 700+, then you are setting yourself the task of getting through both levels in 2.5 months (or sooner). That is a very ambitious goal—too ambitious for most people.
So you’re saying there’s not enough time? I should just give up?
No, of course not. You’ve got to try! Just be realistic and, as with anything important in life, have a back-up plan. If you just can’t make it happen this year, you can always apply next year.
(I know that you’ve probably already told people in your life that you’re going to apply this year. You’re allowed to change your mind, and you don’t have to tell people why. Just say that you decided it was better for your career to wait another year—after all, if you can get a substantially better score by giving yourself more time and applying next year, that may very well change your admissions prospects, and that could change your career!)
I’m actually within 50 points of my goal score. I just need a little boost…
If you’ve been studying and are decently close to your goal already, then there are some additional things you can do to try to secure a final boost to your score.
You need to figure out exactly what’s pulling you down. Most people have timing problems on this test. (If your current thought is that you don’t have timing problems, you’re likely wrong. More than 95% of people have timing problems on this test! Many, if not most, are just unaware of it.)
The good news is this: it’s reasonable to pick up 20 to 30 points (sometimes more, if your timing issues are severe) in about 2 months by fixing timing issues alone. Analyze your most recent one or two Manhattan GMAT CATs to determine what your particular timing issues are. Then learn how to manage your time on the GMAT, starting with developing your 1-minute time sense (section 4 of the article).
Next, focus on the low-hanging fruit. Don’t try to turn your biggest weaknesses into strengths—that will take forever. Instead, minimize careless errors. You already know how to get those questions right, so make sure you earn those points! The article in the previous paragraph that details how to analyze your CATs will help you to place your strengths and weaknesses in one of several “buckets.” Focus on bucket 2.
If you want to enlist a tutor to help you over that final hump, the best thing you can do is take a practice CAT (not GMATPrep, but one that actually provides good data to analyze) and have your tutor analyze it. Use that to set up a study plan, making sure to focus on timing as well as low-hanging fruit. When you feel you’ve made good progress on the issues identified in that first CAT (approximately 2 to 3 weeks, if you’re studying regularly), take another CAT, have the tutor analyze it, and start all over again. Repeat until you’re ready to take the real thing.
You don’t have to use a tutor of course—you can analyze your tests yourself, using the article I linked above. Just go through slowly and carefully to give yourself the best shot of catching everything. Expect to take at least an hour for the analysis; if it takes less time than that, then you are probably missing some important clues that could help you in your studies.
Finally, pick your battles. Don’t try to learn everything. Your best strategy for your bucket 3 categories is just to get them wrong fast and use that time and mental energy elsewhere. Don’t bother trying to turn your biggest weakness into a strength. Don’t spend 10 hours studying combinatorics, when most people see 0 or 1 combinatorics question on the real test. Focus on the low-hanging fruit in bucket 2.
If you’re within 100 points of your goal score, then you may be able to get there in the 2 to 2.5 months before second-round deadlines. If you’re more than 100 points away, you can (and should!) still go for it, of course, but be realistic and have a plan B. (In fact, I would have a plan B even if I were within 100 points of my goal.)
In general, make sure to:
(1) Cement the GMAT mindset. (It’s not a school test; it’s a business / decision-making test.)
(2) Fix your timing. Everyone has timing issues; figure out your own issues and make them better.
(3) Focus on the low-hanging fruit! Start with careless errors. Next, concentrate on improving moderate weaknesses. Guess quickly on your biggest weaknesses and use that time elsewhere on the test.
Studying for the GMAT? Take our free GMAT practice exam or sign up for a free GMAT trial class running all the time near you, or online. And, be sure to find us on Facebook and Google+, LinkedIn, and follow us on Twitter!
We’ve done a lot of RC over the years, but a passage contains so much text that I rarely do a full passage with all of its questions.
We’re going to remedy that, starting today! First, we’ll talk about the passage below (from the free problem set that comes with GMATPrep®). Then, we’ll tackle the series of questions that comes with it.
Give yourself approximately 2.5 to 3 minutes to read the below and make yourself a light Passage Map.
* ” The modern multinational corporation is described as having originated when the owner-managers of nineteenth-century British firms carrying on international trade were replaced by teams of salaried managers organized into hierarchies. Increases in the volume of transactions in such firms are commonly believed to have necessitated this structural change. Nineteenth-century inventions like the steamship and the telegraph, by facilitating coordination of managerial activities, are described as key factors. Sixteenth- and seventeenth-century chartered trading companies, despite the international scope of their activities, are usually considered irrelevant to this discussion: the volume of their transactions is assumed to have been too low and the communications and transport of their day too primitive to make comparisons with modern multinationals interesting.
“In reality, however, early trading companies successfully purchased and outfitted ships, built and operated offices and warehouses, manufactured trade goods for use abroad, maintained trading posts and production facilities overseas, procured goods for import, and sold those goods both at home and in other countries. The large volume of transactions associated with these activities seems to have necessitated hierarchical management structures well before the advent of modern communications and transportation. For example, in the Hudson’s Bay Company, each far-flung trading outpost was managed by a salaried agent, who carried out the trade with the Native Americans, managed day-to-day operations, and oversaw the post’s workers and servants. One chief agent, answerable to the Court of Directors in London through the correspondence committee, was appointed with control over all of the agents on the bay.
“The early trading companies did differ strikingly from modern multinationals in many respects. They depended heavily on the national governments of their home countries and thus characteristically acted abroad to promote national interests. Their top managers were typically owners with a substantial minority share, whereas senior managers’ holdings in modern multinationals are usually insignificant. They operated in a preindustrial world, grafting a system of capitalist international trade onto a premodern system of artisan and peasant production. Despite these differences, however, early trading companies organized effectively in remarkably modern ways and merit further study as analogues of more modern structures.”
What did you get out of the passage? My thoughts (by paragraph) are on the left and my notes are on the right: